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Tobacco & Nicotine

Tobacco combines falling volumes with strong pricing, and is shifting towards vapour and oral products that carry lower regulatory risk. Cash generation is the whole investment case.

13 stocks

New
Increased
Maintained
Reduced
Closed
Funds Holding 2,100
Funds Holding Change +151
Funds Holding Growth +8%
Value $149B
Holding in Top 10 61
Top 10 Change -1
Top 10 Growth -2%
Value Growth +8%
New 274
Increased 742
Reduced 885
Closed 92
Capital Inflow $5.41B
Capital Outflow $6.68B
Net Capital Flow -$1.27B
Capital Flow Change -$865M
Calls $1.05B
Puts $1.13B
Net Calls -$77.8M
Put/Call Ratio 1.07